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Steel mills face tougher pollution rules
By Pan Xiaoyi |
July 13, 2010, Tuesday
|
Online Edition
Online Edition
CHINA has released thresholds on steel producers' environmental protection, energy consumption and production capacity to further force out small and outdated mills after stopping approval of new capacity and suspending credit lines.
The strengthened efforts were aimed to curb expansion and achieve the country's goal to reduce emissions and energy consumption, industry watchers said.
Steel producers with less than 1 million tons of crude steel output last year will be shut down, China's Ministry of Industry and Information Technology (MIIT) said today on its website.
The ministry also requires that steel mills' waste water discharge should be no more than two cubic meters for every ton of steel produced, while dust and sulfur dioxide within should be under 1 kilograms and 1.8 kilograms per ton respectively.
Producers that do not meet the standards will be urged to rectify the issue or leave the industry.
"Some steel producers are already in the red in face of expensive raw materials and lower steel prices. If effective measures were not taken (to rein in the excessive capacity expansion), the hard-won signs of industry recovery will be spoiled," said Li Yizhong, minister of MIIT.
Crude steel output in the first five months jumped 23.8 percent year on year to reach 269 million tons. As supply has already exceeded demand, investment to expand capacity continues as fixed investment in the industry in the period increased 13.8 percent to 135.6 billion yuan, causing more difficulties to reduce emissions and transform the industry structure.
"Annul production is expected to hit a record 620 tons to 630 tons, up 10 percent from last year," Li said.
Zhang Ping, an analyst with Umetal.com, said most of China's small and medium steel producers face the risks of being closed.
China's nearly 100 major steel mills contribute to nearly 80 percent of the nation's steel output while several thousand others are smaller with annual production far below the standards.
The strengthened efforts were aimed to curb expansion and achieve the country's goal to reduce emissions and energy consumption, industry watchers said.
Steel producers with less than 1 million tons of crude steel output last year will be shut down, China's Ministry of Industry and Information Technology (MIIT) said today on its website.
The ministry also requires that steel mills' waste water discharge should be no more than two cubic meters for every ton of steel produced, while dust and sulfur dioxide within should be under 1 kilograms and 1.8 kilograms per ton respectively.
Producers that do not meet the standards will be urged to rectify the issue or leave the industry.
"Some steel producers are already in the red in face of expensive raw materials and lower steel prices. If effective measures were not taken (to rein in the excessive capacity expansion), the hard-won signs of industry recovery will be spoiled," said Li Yizhong, minister of MIIT.
Crude steel output in the first five months jumped 23.8 percent year on year to reach 269 million tons. As supply has already exceeded demand, investment to expand capacity continues as fixed investment in the industry in the period increased 13.8 percent to 135.6 billion yuan, causing more difficulties to reduce emissions and transform the industry structure.
"Annul production is expected to hit a record 620 tons to 630 tons, up 10 percent from last year," Li said.
Zhang Ping, an analyst with Umetal.com, said most of China's small and medium steel producers face the risks of being closed.
China's nearly 100 major steel mills contribute to nearly 80 percent of the nation's steel output while several thousand others are smaller with annual production far below the standards.
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